BlackBerry stock shoots up on Citigroup upgradation

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Buoyed up by big gains by energy, financial and tech stocks Wednesday, the Toronto Stock Exchange (TSX) surged over 14,000 points for the first time since July 2008. Among the major gainers was BlackBerry maker Research In Motion (RIM) which jumped 4.2 per cent to close at $67.25. There was a virtual rush for RIM stock after the Canadian wirelessly technology giant was upgraded from ‘sell’ to ‘buy’ by Citigroup.

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BlackBerry stock shoots up on Citigroup upgradation

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